Perfingo
Figures you choose yourself, like inflation, investment returns and income growth, aren’t here. Set them in Profile and assumptions. Every number below is fixed inside your plan, except the housing defaults you can change in Housing.
CPF
The rules behind these tables are on How your plan models CPF.
Interest rates
| Account | Base rate |
|---|---|
| Ordinary Account (OA) | 2.5% |
| Special Account (SA) | 4.0% |
| MediSave Account (MA) | 4.0% |
| Retirement Account (RA) | 4.0% |
| Extra interest rate (first tier) | +1.0% |
| Extra interest (overall balance cap) | $60,000 |
| Extra interest (OA portion cap) | $20,000 |
Source: CPF Board, how much extra interest can I earn?, checked 5 Oct 2026
Contribution rates by age
| Age | Employee | Employer | Total |
|---|---|---|---|
| 55 and below | 20.0% | 17.0% | 37.0% |
| 56 to 60 (2026) | 18.0% | 16.0% | 34.0% |
| 56 to 60 (from 2027) | 19.0% | 16.5% | 35.5% |
| 61 to 65 (2026) | 12.5% | 12.5% | 25.0% |
| 61 to 65 (from 2027) | 13.0% | 13.0% | 26.0% |
| 66 to 70 | 7.5% | 9.0% | 16.5% |
| 71 and above | 5.0% | 7.5% | 12.5% |
Your plan uses the rates for each calendar year. The low-wage bands (monthly wages of $750 and below) aren't modelled.
Sources: CPF Board contribution rates from 1 January 2026 and 1 January 2027 (PDFs), checked 12 Oct 2026
Allocation by age
| Age | OA | SA (RA from 55) | MA |
|---|---|---|---|
| 35 and below | 62.17% | 16.21% | 21.62% |
| 36 to 45 | 56.77% | 18.91% | 24.32% |
| 46 to 50 | 51.36% | 21.62% | 27.02% |
| 51 to 55 | 40.55% | 31.08% | 28.37% |
| 56 to 60 (2026) | 35.30% | 33.82% | 30.88% |
| 56 to 60 (from 2027) | 33.82% | 36.61% | 29.57% |
| 61 to 65 (2026) | 14.00% | 44.00% | 42.00% |
| 61 to 65 (from 2027) | 13.47% | 46.15% | 40.38% |
| 66 to 70 | 6.07% | 30.30% | 63.63% |
| 71 and above | 8.00% | 8.00% | 84.00% |
Income above the wage ceiling attracts no CPF.
Sources: CPF Board allocation rates from 1 January 2026 and 1 January 2027 (PDFs), checked 12 Oct 2026
Wage ceiling schedule
These are calendar years. A plan that starts in 2026 opens at $8,000, a plan that starts in 2025 opens at $7,400, and a plan that starts before 2023 opens at $6,300.
| Calendar year | Monthly wage ceiling |
|---|---|
| 2023 | $6,300 |
| 2024 | $6,800 |
| 2025 | $7,400 |
| 2026 to 2031 | $8,000 |
From 2032, the ceiling rises 5% every 5 years. This is fixed by your plan, not set by you. There's no separate yearly figure: the annual wage ceiling ($96,000 a year) is just the monthly figure times 12.
Retirement sums, 2022 to 2027
| Turning 55 in | BRS | FRS (2 times BRS) | ERS |
|---|---|---|---|
| 2022 | $96,000 | $192,000 | $288,000 |
| 2023 | $99,400 | $198,800 | $298,200 |
| 2024 | $102,900 | $205,800 | $308,700 |
| 2025 | $106,500 | $213,000 | $426,000 |
| 2026 | $110,200 | $220,400 | $440,800 |
| 2027 | $114,100 | $228,200 | $456,400 |
After 2027, the BRS rises 3.5% a year, compounding. The FRS is always 2 times the BRS. CPF's ERS was 3 times the BRS for members turning 55 up to 2024 (the figures above) and is 4 times the BRS from 2025. Your plan uses 4 times the BRS as the ERS for every year.
Sources: CPF Board, how much is my Basic Retirement Sum? and what is the current Enhanced Retirement Sum?, checked 5 Oct 2026
CPF LIFE monthly payouts, 2022 to 2027
| Turning 55 in | BRS payout | FRS payout | ERS payout |
|---|---|---|---|
| 2022 | $850 | $1,570 | $2,300 |
| 2023 | $870 | $1,620 | $2,370 |
| 2024 | $900 | $1,670 | $2,450 |
| 2025 | $930 | $1,730 | $3,330 |
| 2026 | $950 | $1,780 | $3,440 |
| 2027 (projected) | $984 | $1,843 | $3,562 |
Payouts for 2022 to 2026 are on record (2026 is from CPF's June 2026 table). CPF hasn't published the 2027 group's payouts, so 2027 and later groups keep the 2026 payout per dollar of retirement sum, scaled to that year's BRS. That is why 2027 is marked as projected. For 2022 to 2024 the ERS payout is CPF's figure at 3 times the BRS, but your plan reaches it only at 4 times, so an RA above the FRS gets a lower payout than CPF's.
Source: CPF Board, how much CPF payouts can I get every month?, checked 5 Oct 2026
Basic Healthcare Sum (BHS)
| Year | BHS |
|---|---|
| 2022 | $66,000 |
| 2023 | $68,500 |
| 2024 | $71,500 |
| 2025 | $75,500 |
| 2026 | $79,000 |
After 2026, the BHS rises 3.5% a year, the same rate as the retirement sums. At 65 it is fixed for life at that year's figure. From 55, MediSave above the BHS overflows to the Retirement Account, up to the Full Retirement Sum, then to the OA. Before 55 your plan doesn't cap your MediSave, although CPF does.
Dependants’ and Home Protection Schemes
Your plan takes these from your OA every year, before and after 55.
| Age | Dependants’ Protection Scheme premium |
|---|---|
| 34 and below | $18 |
| 35 to 39 | $30 |
| 40 to 44 | $50 |
| 45 to 49 | $93 |
| 50 to 54 | $188 |
| 55 to 64 | $298 |
| 65 and above | none |
Home Protection Scheme: a flat $300 from your OA in each year you make a property payment from it.
Self-employed MediSave contribution
If you’re self-employed, this applies to net trade income (your business profit, “NTI”) of more than $6,000 a year. The rate and cap depend on your age and earnings.
| Age next year (up to) | NTI $6,001 to $12,000 | NTI $12,001 to $18,000 | NTI above $18,000 | Max MediSave a year |
|---|---|---|---|---|
| 34 | 4.0% of NTI | $480 + 16% of NTI above $12,000 | 8.0% of NTI | $5,760 |
| 44 | 4.5% of NTI | $540 + 18% of NTI above $12,000 | 9.0% of NTI | $6,480 |
| 49 | 5.0% of NTI | $600 + 20% of NTI above $12,000 | 10.0% of NTI | $7,200 |
| 50 and above | 5.25% of NTI | $630 + 21% of NTI above $12,000 | 10.5% of NTI | $7,560 |
Housing and property
How these figures are used is on Housing and property.
Loan defaults
| Assumption | Value |
|---|---|
| Mortgage Servicing Ratio (MSR, HDB only) | 30% |
| Total Debt Servicing Ratio (TDSR) | 55% |
| Bank loan-to-value (LTV) | 75% |
| Bank loan-to-value (LTV), 55% tier | 55% |
| Bank downpayment (cash portion) | 5% |
| Bank downpayment (cash portion), 55% tier | 10% |
| Bank downpayment (CPF portion) | 20% |
| HDB loan downpayment, resale (at signing) | 25% |
| HDB loan downpayment, BTO (1st, application) | 5% |
| HDB loan downpayment, BTO (2nd, keys) | 10% |
| HDB loan interest (charged on repayments) | 2.6% |
| HDB loan-sizing interest floor | 3% |
| Bank loan-sizing interest floor | 4% |
| Max HDB loan tenure | 25 years |
| Max bank loan tenure, HDB flat (75% tier) | 25 years |
| Max bank loan tenure, private or EC (75% tier) | 30 years |
| Max bank loan tenure, HDB flat (55% tier) | 30 years |
| Max bank loan tenure, private or EC (55% tier) | 35 years |
| Max age for HDB loan to run to | 65 |
| Max age for bank loan to run to (75% tier) | 65 |
| Max age for bank loan to run to (55% tier) | 75 |
| OA balance retained for an HDB loan | $20,000 |
| BTO waiting period (application to keys) | 4 years |
| EC or new-launch condo: signing to keys (TOP) | 3 years |
These are your plan's defaults. MSR applies to HDB flats only, so an EC or condo bank loan is TDSR-only. The 4% bank floor is the MAS stress-test rate in force since 30 September 2022. A floor only sizes the loan: an HDB loan is still repaid at 2.6%. A bank loan uses whichever tier lends more, and always the 55% tier if you buy at 65 to 74. There is no bank loan from 75 (see [older buyers](/guide/how-it-works/housing-and-property/#older-buyers)). Housing's "Customise the assumptions" panel lets you change the other figures for your own plan. The 55% tier figures are fixed.
Sources: MAS, MSR and TDSR rules and MAS, loan tenure and LTV limits, checked 12 Oct 2026
Buyer’s Stamp Duty (BSD)
| Slice of the price | BSD rate |
|---|---|
| First $180,000 | 1% |
| Next $180,000 | 2% |
| Next $640,000 | 3% |
| Next $500,000 (to $1,500,000) | 4% |
| Next $1,500,000 (to $3,000,000) | 5% |
| Above $3,000,000 | 6% |
Bands from 15 February 2023, each applied to its slice only. Rounded down to the whole dollar, minimum $1. Earlier purchase dates use the earlier schedule. When the purchase date isn't fixed, it is taken as 1 January of the year you buy.
Source: IRAS, Buyer's Stamp Duty, checked 12 Oct 2026
Additional Buyer’s Stamp Duty (ABSD)
| Buyer citizenship | 1st property | 2nd property | 3rd+ property |
|---|---|---|---|
| Singaporean | 0% | 20% | 30% |
| Permanent Resident | 5% | 30% | 35% |
| Neither (foreigner) | 60% | 60% | 60% |
When buyers differ, the highest rate among them applies to the whole price. Your plan treats two applicants as a married couple: with at least one Singaporean buying their first property, ABSD is remitted (0%). A Singaporean and PR couple pay 0%, two PRs pay 5% and a PR with a foreigner pays 60%. Rounded down to the whole dollar.
Source: IRAS, Additional Buyer's Stamp Duty, checked 12 Oct 2026
Miscellaneous purchase fees (flat amounts)
| Fee | Applies to | Amount |
|---|---|---|
| Registration fee | BTO | $38.30 |
| Stamp duty for deed of assignment | BTO | $500 |
| Survey fee (by room count, 1 to 6) | BTO | $150 to $375 |
| Legal fees (bank loan) | BTO or resale, bank-financed | $2,500 |
| Processing fee for request for value | Resale | $120 |
| Application fee | Resale (2-room or smaller $40, else $80) | $40 or $80 |
| Caveat fees | Resale, HDB loan | $129 |
| Title search fees | Resale, HDB loan | $32 |
| Discharge of mortgage | Resale, HDB loan | $38.30 |
| Stamp duty on mortgage | Resale | $500 |
| Request for value | Private resale (not new-launch) | $500 |
| Legal fees | Private resale (not new-launch) | $3,200 |
Legal and property agent fees aren't flat: they rise with the price in set bands. A new-launch condo or EC skips both private-resale rows above, paying only BSD and ABSD. See Housing and property for the exact bands.
New-launch condo and EC progressive payment schedule
| Stage | Duration | % of price |
|---|---|---|
| Booking fee | 5% | |
| Option to purchase | 15% | |
| Foundation | 6 months | 5% (+5% lump sum) |
| Unit concrete framework | 6 months | 10% |
| Brick walls | 3 months | 5% |
| Ceiling and roofing | 3 months | 5% |
| Doors, windows, plumbing and wiring | 3 months | 5% |
| Carparks, roads and drains | 3 months | 5% |
| Temporary Occupation Permit (TOP) | 12 months | 25% |
| Certificate of Completion | 12 months | 15% |
It adds up to 100%: the building-stage payments (75%), the Foundation lump sum (5%), the booking fee (5%) and the option to purchase (15%).
Tax
Your plan applies this resident tax schedule one band at a time.
| Chargeable income | Marginal rate | Base tax at bracket start |
|---|---|---|
| Up to $20,000 | 0% | $0 |
| $20,000 to $30,000 | 2% | $0 |
| $30,000 to $40,000 | 3.5% | $200 |
| $40,000 to $80,000 | 7% | $550 |
| $80,000 to $120,000 | 11.5% | $3,350 |
| $120,000 to $160,000 | 15% | $7,950 |
| $160,000 to $200,000 | 18% | $13,950 |
| $200,000 to $240,000 | 19% | $21,150 |
| $240,000 to $280,000 | 19.5% | $28,750 |
| $280,000 to $320,000 | 20% | $36,550 |
| $320,000 to $500,000 | 22% | $44,550 |
| $500,000 to $1,000,000 | 23% | $84,150 |
| Above $1,000,000 | 24% | $199,150 |
| Citizenship | Rate |
|---|---|
| Non-resident (“Others” citizenship) | Higher of 15% of income or the resident tax above |
Your plan applies these bands to your total income (salary plus side income), with no reliefs or deductions modelled. See Scope and limitations for how the first year counts only in part, and why tax is paid a year after the income it's charged on.
Source: IRAS, individual income tax rates, checked 12 Oct 2026
Insurance
Ideal coverage multiples
| Coverage type | Pegged to | Multiple |
|---|---|---|
| Death | Annual expenses | 10 times |
| Critical illness | Annual income | 5 times |
| Disability income | One month’s income (disability income cover is a monthly benefit) | 1 time (100%) |
| Disability payout | Annual expenses | 10 times |
These are the multiples your plan uses. An older set, with disability income at 0.7 times, still sits in your plan's settings, but no plan uses it.
MediShield Life premium, by age
| Age band (up to) | Annual premium |
|---|---|
| 20 | $145 |
| 30 | $250 |
| 40 | $390 |
| 50 | $525 |
| 60 | $800 |
| 65 | $1,020 |
| 70 | $1,100 |
| 73 | $1,195 |
| 75 | $1,320 |
| 78 | $1,530 |
| 80 | $1,590 |
| 83 | $1,675 |
| 85 | $1,935 |
| 88 | $2,025 |
| 90 | $2,025 |
| 100 | $2,055 |
This is CPF's table from before 1 April 2025. Today's premiums are higher at every age, for example $637 against $525 at 41 to 50. See Insurance and coverage for the current table. Subsidies and rebates aren't modelled.
CareShield Life premium at 30
| Gender | Annual premium |
|---|---|
| Female | $263.22 |
| Male | $214.32 |
Your plan charges everyone the female premium, then adds 2% for every year past 30, every year to 100. The male figure is held but not used.
Children
| Stage | Age range | Annual cost |
|---|---|---|
| Pregnancy and childbirth | the year before birth | $13,006 (one-off) |
| Infant | 0 to 2 | $17,940.50 |
| Toddler | 3 to 6 | $8,724.50 |
| Primary school | 7 to 12 | $11,473.50 |
| Secondary school | 13 to 16 | $12,566.75 |
| Junior College | 17 to 18 | $11,353 |
| Polytechnic | 17 to 19 | $8,292 |
| University (from JC) | 19 to 22 | $20,322.50 |
| University (from Poly) | 20 to 23 | $20,336.25 |
Each figure is a detailed budget: school fees, tuition, transport, pocket money, healthcare, insurance and more.
| Default for a planned (unborn) child | Value |
|---|---|
| Gender | Female |
| Pre-university path | Polytechnic |
Goals: importance and saving weights
How much of a goal comes from steady saving, rather than investment growth, depends on two things: how far off it is, and how important you marked it.
| Importance | 4 years or less away | 5 to 9 years away | 10+ years away |
|---|---|---|---|
| Must achieve | 100% | 80% | 70% |
| Ideally yes | 80% | 60% | 50% |
| Good to have | 60% | 40% | 30% |
| Can be delayed | 40% | 20% | 10% |
| Okay without | 20% | 0% | 0% |
The rest is left to investment growth, if you've set a return. With no return set, the whole amount is saved.
Sources
- CPF Board, CPF contribution rate tables from 1 January 2026 (PDF) , checked 5 Oct 2026
- CPF Board, CPF allocation rates from 1 January 2026 (PDF) , checked 5 Oct 2026
- CPF Board, CPF contribution rates from 1 January 2027 (PDF) , checked 12 Oct 2026
- CPF Board, CPF allocation rates from 1 January 2027 (PDF) , checked 12 Oct 2026
- CPF Board, how much is my Basic Retirement Sum? , checked 5 Oct 2026
- CPF Board, what is the current Enhanced Retirement Sum? , checked 5 Oct 2026
- CPF Board, how much CPF payouts can I get every month? , checked 5 Oct 2026
- CPF Board, how much extra interest can I earn on my CPF savings? , checked 5 Oct 2026
- MAS, Mortgage Servicing Ratio and Total Debt Servicing Ratio rules , checked 12 Oct 2026
- IRAS, Buyer's Stamp Duty (BSD) , checked 12 Oct 2026
- IRAS, Additional Buyer's Stamp Duty (ABSD) , checked 12 Oct 2026
- CPF Board, MediShield Life premium table (PDF) , checked 12 Oct 2026
- CPF Board, CareShield Life , checked 12 Oct 2026
- IRAS, individual income tax rates , checked 12 Oct 2026